Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance
Quality Chemical Industries Limited (QCIL) has announced an interim dividend for the financial year ending March 31, 2026, after successfully recovering a long-outstanding receivable from the Government of the Republic of Zambia.In a notice issued under Rule 41 of the Uganda Securities Exc
The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the
According to a 2024 report from the government assurance and implementation committee, there are 92,634 war debt claimants in Northern and Eastern Uganda. Out of the total claimants, the Acholi Sub-region has 16,946, while Lango has 42,024, and 33,664 claimants are in Teso.The government
Hon. Betty Bakireke Nambooze was once among the clearest symbols of defiance in Uganda’s opposition politics. Her courage under repression, sharp tongue, and legislative activism gave her a moral authority few politicians enjoyed. Yet as the 2026 elections approach, securing a fourth parliament
dfcu Annual General MeetingShareholders of dfcu Limited are set to earn a 121 per cent increase in dividend payout for 2024, rising to Shs 20.09 per share from Shs 9.10 in 2023, following a remarkable turnaround in the bank’s financial performance.
Forum for Democratic Change (FDC) president Patrick Oboi Amuriat has launched a blistering attack on the National Unity Platform (NUP), accusing Uganda’s main opposition party of manipulating elderly war claimants in Teso for political mileage.Amuriat, who hails from the region and once
The Member of Parliament for Bukoto South, Dr Twaha Kagabo, has confirmed receiving Shs100 million in a cash bonanza at Parliament, despite initial denials from some opposition legislators."If President Museveni confirmed that he gave Shs100 million to each legislator, who am I to deny tha
Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll
(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter of 2024. The telecom company reported a 29.6% increase in profit after tax, amounting to 460 billion Ugandan shillings for the f
